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12 of the Safest Dividend Achievers with 'Buy' or Better Ratings

Dividend Achievers are stocks with a history of rising dividends of more than 10 years. One hundred eighty-five companies with such an impressive dividend history are available. The fact that they have paid dividends and raised them every fourth quarter does not guarantee the safeness of the stock. Some of the Dividend Achievers have violent fluctuations. A ratio that measures the degree of price fluctuations is the beta ratio. A ratio of less than one shows that the stock price realized only the half of the performance of the whole stock market. They are of small fluctuations.

I've tried to summarize such Dividend Achievers with the lowest beta ratio (under 0.5) and a minimum yield of 3 percent in order to find some investment opportunities for anxious investors. In addition, I screened only stocks with a current buy or better rating. Twelve companies fulfilled my criteria of which five are high yields. These are the detailed results:

1. Investors Real Estate Trust (IRET) has a market capitalization of $629.61 million. The company employs 305 people, generates revenues of $237.41 million and has a net income of $4.48 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $123.81 million. Because of these figures, the EBITDA margin is 52.15 percent (operating margin 28.63 percent and the net profit margin finally 1.89 percent).

The total debt representing 63.38 percent of the company's assets and the total debt in relation to the equity amounts to 248.68 percent. Due to the financial situation, a return on equity of 0.47 percent was realized. Twelve trailing months earnings per share reached a value of $-0.03. Last fiscal year, the company paid $0.69 in form of dividends to shareholders. The company raised dividends for 39 consecutive years.

Here are the price ratios of the company: The P/E ratio is not calculable, Price/Sales 3.27 and Price/Book ratio 1.57. Dividend Yield: 6.94 percent. The beta ratio is 0.40.

2. Buckeye Partners (BPL) has a market capitalization of $5.82 billion. The company employs 859 people, generates revenues of $3,151.27 million and has a net income of $43.08 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $338.70 million. Because of these figures, the EBITDA margin is 10.75 percent (operating margin 8.87 percent and the net profit margin finally 1.37 percent).

The total debt representing 50.51 percent of the company's assets and the total debt in relation to the equity amounts to 129.65 percent. Due to the financial situation, a return on equity of 5.27 percent was realized. Twelve trailing months earnings per share reached a value of $0.80. Last fiscal year, the company paid $3.82 in form of dividends to shareholders. The company raised dividends for 16 consecutive years.

Here are the price ratios of the company: The P/E ratio is 78.16, Price/Sales 1.85 and Price/Book ratio 3.21. Dividend Yield: 6.55 percent. The beta ratio is 0.26.

3. Altria Group (MO) has a market capitalization of $57.53 billion. The company employs 10,000 people, generates revenues of $23,800.00 million and has a net income of $3,393.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $6,321.00 million. Because of these figures, the EBITDA margin is 26.56 percent (operating margin 25.50 percent and the net profit margin finally 14.26 percent).

The total debt representing 37.04 percent of the company's assets and the total debt in relation to the equity amounts to 371.98 percent. Due to the financial situation, a return on equity of 76.13 percent was realized. Twelve trailing months earnings per share reached a value of $1.64. Last fiscal year, the company paid $1.58 in form of dividends to shareholders. The company raised dividends for 43 consecutive years.

Here are the price ratios of the company: The P/E ratio is 17.18, Price/Sales 2.43 and Price/Book ratio 15.63. Dividend Yield: 5.83 percent. The beta ratio is 0.41.

4. Plains All American Pipelines (PAA) has a market capitalization of $11.45 billion. The company employs 3,500 people, generates revenues of $25,893.00 million and has a net income of $514.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,016.00 million. Because of these figures, the EBITDA margin is 3.92 percent (operating margin 2.96 percent and the net profit margin finally 1.99 percent).

The total debt representing 43.47 percent of the company's assets and the total debt in relation to the equity amounts to 137.19 percent. Due to the financial situation, a return on equity of 8.01 percent was realized. Twelve trailing months earnings per share reached a value of $4.18. Last fiscal year, the company paid $3.76 in form of dividends to shareholders. The company raised dividends for 11 consecutive years.

Here are the price ratios of the company: The P/E ratio is 18.31, Price/Sales 0.46 and Price/Book ratio 2.56. Dividend Yield: 5.35 percent. The beta ratio is 0.49.

5. PPL Corporation (PPL) has a market capitalization of $16.08 billion. The company employs 13,809 people, generates revenues of $8,521.00 million and has a net income of $976.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $2,419.00 million. Because of these figures, the EBITDA margin is 28.39 percent (operating margin 21.86 percent and the net profit margin finally 11.45 percent).

The total debt representing 40.68 percent of the company's assets and the total debt in relation to the equity amounts to 162.69 percent. Due to the financial situation, a return on equity of 13.88 percent was realized. Twelve trailing months earnings per share reached a value of $2.64. Last fiscal year, the company paid $1.40 in form of dividends to shareholders. The company raised dividends for 10 consecutive years.

Here are the price ratios of the company: The P/E ratio is 10.52, Price/Sales 1.89 and Price/Book ratio 1.64. Dividend Yield: 5.04 percent. The beta ratio is 0.40.

6. Middlesex Water Company (MSEX) has a market capitalization of $296.28 million. The company employs 292 people, generates revenues of $102.74 million and has a net income of $14.33 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $36.56 million. Because of these figures, the EBITDA margin is 35.58 percent (operating margin 25.89 percent and the net profit margin finally 13.95 percent).

The total debt representing 31.74 percent of the company's assets and the total debt in relation to the equity amounts to 87.90 percent. Due to the financial situation, a return on equity of 9.03 percent was realized. Twelve trailing months earnings per share reached a value of $0.88. Last fiscal year, the company paid $0.72 in form of dividends to shareholders. The company raised dividends for 39 consecutive years.

Here are the price ratios of the company: The P/E ratio is 21.60, Price/Sales 2.88 and Price/Book ratio 1.70. Dividend Yield: 3.91 percent. The beta ratio is 0.48.

7. UGI Corp (UGI) has a market capitalization of $3.10 billion. The company employs 5,460 people, generates revenues of $6,091.30 million and has a net income of $308.20 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $788.20 million. Because of these figures, the EBITDA margin is 12.94 percent (operating margin 9.49 percent and the net profit margin finally 5.06 percent).

The total debt representing 34.46 percent of the company's assets and the total debt in relation to the equity amounts to 116.11 percent. Due to the financial situation, a return on equity of 12.25 percent was realized. Twelve trailing months earnings per share reached a value of $1.83. Last fiscal year, the company paid $1.02 in form of dividends to shareholders. The company raised dividends for 24 consecutive years.

Here are the price ratios of the company: The P/E ratio is 14.72, Price/Sales 0.51 and Price/Book ratio 1.52. Dividend Yield: 3.87 percent. The beta ratio is 0.40.

8. Northwest Natural Gas Co.mpany (NWN) has a market capitalization of $1.27 billion. The company employs 607 people, generates revenues of $812.11 million and has a net income of $72.67 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $222.73 million. Because of these figures, the EBITDA margin is 27.43 percent (operating margin 19.41 percent and the net profit margin finally 8.95 percent).

The total debt representing 32.83 percent of the company's assets and the total debt in relation to the equity amounts to 123.96 percent. Due to the financial situation, a return on equity of 10.74 percent was realized. Twelve trailing months earnings per share reached a value of $2.40. Last fiscal year, the company paid $1.68 in form of dividends to shareholders. The company raised dividends for 56 consecutive years.

Here are the price ratios of the company: The P/E ratio is 19.82, Price/Sales 1.57 and Price/Book ratio 1.83. Dividend Yield: 3.74 percent. The beta ratio is 0.31.

9. California Water Services (CWT) has a market capitalization of $769.43 million. The company employs 1,141 people, generates revenues of $460.40 million and has a net income of $37.66 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $129.60 million. Because of these figures, the EBITDA margin is 28.15 percent (operating margin 18.44 percent and the net profit margin finally 8.18 percent).

The total debt representing 29.86 percent of the company's assets and the total debt in relation to the equity amounts to 116.02 percent. Due to the financial situation, a return on equity of 8.80 percent was realized. Twelve trailing months earnings per share reached a value of $0.97. Last fiscal year, the company paid $0.60 in form of dividends to shareholders. The company raised dividends for 44 consecutive years.

Here are the price ratios of the company: The P/E ratio is 18.87, Price/Sales 1.67 and Price/Book ratio 1.76. Dividend Yield: 3.42 percent. The beta ratio is 0.30.

10. The Procter & Gamble (PG) has a market capitalization of $176.91 billion. The company employs 129,000 people, generates revenues of $82,559.00 million and has a net income of $11,797.00 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $18,656.00 million. Because of these figures, the EBITDA margin is 22.60 percent (operating margin 19.16 percent and the net profit margin finally 14.29 percent).

The total debt representing 23.14 percent of the company's assets and the total debt in relation to the equity amounts to 47.33 percent. Due to the financial situation, a return on equity of 18.32 percent was realized. Twelve trailing months earnings per share reached a value of $3.40. Last fiscal year, the company paid $1.97 in form of dividends to shareholders. The company raised dividends for 55 consecutive years.

Here are the price ratios of the company: The P/E ratio is 18.91, Price/Sales 2.14 and Price/Book ratio 2.68. Dividend Yield: 3.27 percent. The beta ratio is 0.43.

11. Northeast Utilities (NU) has a market capitalization of $6.15 billion. The company employs 6,182 people, generates revenues of $4,898.17 million and has a net income of $394.11 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $1,100.63 million. Because of these figures, the EBITDA margin is 22.47 percent (operating margin 16.33 percent and the net profit margin finally 8.05 percent).

The total debt representing 35.45 percent of the company's assets and the total debt in relation to the equity amounts to 131.07 percent. Due to the financial situation, a return on equity of 10.50 percent was realized. Twelve trailing months earnings per share reached a value of $2.31. Last fiscal year, the company paid $1.02 in form of dividends to shareholders. The company raised dividends for 14 consecutive years.

Here are the price ratios of the company: The P/E ratio is 15.01, Price/Sales 1.26 and Price/Book ratio 1.61. Dividend Yield: 3.17 percent. The beta ratio is 0.46.

12. American States Water (AWR) has a market capitalization of $668.47 million. The company employs 719 people, generates revenues of $398.94 million and has a net income of $31.09 million. The firm's earnings before interest, taxes, depreciation and amortization (EBITDA) amounts to $111.22 million. Because of these figures, the EBITDA margin is 27.88 percent (operating margin 18.50 percent and the net profit margin finally 7.79 percent).

The total debt representing 30.29 percent of the company's assets and the total debt in relation to the equity amounts to 95.65 percent. Due to the financial situation, a return on equity of 8.39 percent was realized. Twelve trailing months earnings per share reached a value of $2.31. Last fiscal year, the company paid $1.04 in form of dividends to shareholders. The company raised dividends for 57 consecutive years.

Here are the price ratios of the company: The P/E ratio is 15.45, Price/Sales 1.68 and Price/Book ratio 1.76. Dividend Yield: 3.14 percent. The beta ratio is 0.35.

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Dividend
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